- Is Financial Planning Just About Investing?
- Why Do You Describe Financial Planning as a Treasure Hunt?
- How Often Do You Find Mistakes?
- What Else Sets You Apart?
FPH owner and founder, John Robinson, strives to address all aspects of his clients’ financial lives and it is through his compulsive attention to detail in information gathering and reviewing client financial documents that he is able to catch financial planning mistakes and oversights.
In 25 years as a financial advisor, Financial Planning Hawaii owner and founder, John Robinson, has found that the biggest financial mistakes people make are often unrelated to their investments. Estate planning, insurance risk management, asset registration, and beneficiary designations are examples of non-investment related financial planning areas where he regularly catches planning miscues and oversights.
Behavioral finance research has shown that most Americans spend far more time planning their vacations than they do planning for a secure retirement. A big reason why most people pay so little attention to important financial planning matters is that the subject matter is dry and arcane. For his part, Financial Planning Hawaii founder John Robinson has become adept at catching and knowing where to look for common mistakes and oversights. He views the task of pouring over mundane financial statements and documents as a treasure hunt and finds it rewarding to bring these miscues to his clients’ attention.
Financial Planning Hawaii owner and founder, John H. Robinson, finds major mistakes and oversights in virtually every prospective client financial plan he reviews. Sometimes, catching these mistakes has the potential to save his clients tens of thousands of dollars. In other instances, catching mistakes may ameliorate potential emotional stress that could arise from issues such as failing to name a person to make medical decisions on one’s behalf or failing to make guardianship provisions for minor children.
Financial Planning Hawaii provides all clients with an application that enables them to easily and efficiently centralize, organize, monitor, and maintain all aspects of their financial lives. This application enables users to gain a consolidated view of their accounts at multiple financial institutions (e.g., bank and credit unions, investment brokerage and advisory firms, and 401(k) plans, etc.), track their income and expenses, document their various insurance coverages, and store and maintain all of their important documents. It is a powerful and intuitive tool, and it is a critical component of the FPH service model.